Mon Jan 5, 2015/Reuters Morgan Stanley (MS.N) said on Monday it had fired a financial adviser who allegedly stole account information from about 350,000 of its wealth management clients and posted some of it online. There is no evidence that clients lost money as a result of the latest breach […]

01 Jan 2015/Thisday The Central Bank of Nigeria (CBN) has revoked the operating licences of 21 Primary Mortgage Banks (PMBS) as well as one microfinance bank and directed the Nigeria Deposit Insurance Corporation (NDIC) to commence the process of orderly winding up of the affairs of the affected institutions. The […]

Dec 25, 2014/Bloomberg Bank of America Corp. maliciously fired a distressed-debt banker to deprive her of a bonus, a Hong Kong judge ruled, awarding Sunny Tadjudin $500,000 after a seven-year legal battle. Tadjudin’s manager, John Liptak, was determined to fire her despite her improvement in a performance plan, and his […]